Negotiating rent can be difficult, especially for individuals; however, during a recession, you will find it much easier to accomplish. Take a peek at how much you are currently paying for rent, and then be prepared to implement a few tips and tricks to get it lower.
In order to do this effectively, you need to evaluate the apartment you live in. Is it managed by a company or an individual? Chances are if it is run by an individual person, you will be able to get a better deal.
Thus, the first thing one should do when planning to negotiate for a rent decrease is to find out if the person one is talking to can actually make the decision or is authorized to lower the rent.
Next, it is time to do some comparison shopping. Doing the research on the current rental rates is essential so you can negotiate better.
You may find that rents in the area have dropped recently, so that during negotiations, you could tell your landlord that you could easily find a cheaper place now. Though this may be time consuming, having some figures to tell the landlord will give you the upper hand in the negotiating process.
Make sure you explain the situation. Describe your economic scenario and tell them you have been paying every month, on time.
In doing this, you will show them that the best option for them is lowering your rent, rather than them having to find a new tenant. They know that this can be a time consuming and difficult process.
Lowering the rent for a good tenant is usually a preferable option to having a vacant apartment. In the end, it is better for both parties.
In order to do this effectively, you need to evaluate the apartment you live in. Is it managed by a company or an individual? Chances are if it is run by an individual person, you will be able to get a better deal.
Thus, the first thing one should do when planning to negotiate for a rent decrease is to find out if the person one is talking to can actually make the decision or is authorized to lower the rent.
Next, it is time to do some comparison shopping. Doing the research on the current rental rates is essential so you can negotiate better.
You may find that rents in the area have dropped recently, so that during negotiations, you could tell your landlord that you could easily find a cheaper place now. Though this may be time consuming, having some figures to tell the landlord will give you the upper hand in the negotiating process.
Make sure you explain the situation. Describe your economic scenario and tell them you have been paying every month, on time.
In doing this, you will show them that the best option for them is lowering your rent, rather than them having to find a new tenant. They know that this can be a time consuming and difficult process.
Lowering the rent for a good tenant is usually a preferable option to having a vacant apartment. In the end, it is better for both parties.
About the Author:
The author has been publishing commentary pertaining to rental apartments for the last five years. Moreover, the writer likes contributing information with respect to New York neighborhood subjects, like Battery Park rentals and Murray Hill apartments.
No comments:
Post a Comment